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    OFF-MARKET
    Commercial real estate

    1320 Madison Ave, Toledo, OH 43604

    0.11 ac lot Built 1912
    Property ID
    Property summary
    AI-generated overview

    This exceptional three-story building presents a rare investment opportunity in the vibrant heart of downtown Toledo, Ohio. Situated on a 0.11-acre lot at 1320 Madison Avenue, Unit 1320, this property boasts numerous recent upgrades, making it an attractive proposition for a variety of uses. The building's prime location offers excellent visibility and accessibility, placing it within easy reach of local amenities, businesses, and transportation networks. The asking price of $180,000 reflects a compelling value for a property of this caliber in this desirable area. The current configuration allows for a potential leaseback arrangement, providing a steady income stream for the new owner. This presents a unique chance to acquire a well-maintained, upgraded building with immediate income potential in a thriving urban setting. Serious inquiries are encouraged to explore this exciting opportunity further and to discuss the specifics of the leaseback option. The property's size is not specified in the provided information, but its three-story structure and central location suggest significant potential for various commercial ventures. This is a turnkey opportunity for an astute investor seeking a strong return on investment in a dynamic downtown Toledo location. Don't miss this chance to own a piece of Toledo's thriving commercial landscape.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1912
    Lot 0.11 ac (4,792 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Gateway Youth Development Program Charitable Organization Social Service Agency
    • Gateway Development Center, LLC Family Recreation Center
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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